Bitcoin continues to wait for a mid-term inflection point

26 мая 2023 г.

Bitcoin broke the bottom again yesterday and formed a complete structure. At present, there is still a certain distance from the bottom of 25300. It depends on how the market chooses, whether it will start to go up or touch the bottom support. The overall idea is still much lower. Bitcoin operation recommends buying at 25300, stop loss at 24700 points, target 27500~29000~30000.

Bitcoin’s daily line closed negatively and broke the shock range, indicating that there will be a short-term low point, but the bottom is close to the key support, and the bulls are likely to start from here.
The upper pressure is 27500~29000, and the lower support is 25300~25000.

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